Posts Tagged: 20

News

State-run ‘automatic IRA’ gets boost

Calpensions: President Obama said he has directed his labor department to propose rules showing states how to create what in California could be an “automatic IRA,” a payroll deduction that puts money into a tax-deferred savings plan unless workers opt out. The rules are expected to answer a key question: Is Secure Choice exempt from a federal retirement law, ERISA, that not only has employer administrative costs but may also expose employers to liability for failed investments and other problems?

News

State miscalculated number of Medi-Cal doctors

The California agency that oversees the state’s low-income health plan vastly overstated the number of doctors who accepted patients through the state program last year, even as the number of people enrolled in the program was set to skyrocket under the federal Affordable Care Act, the California Health Report has found.

News

Field Poll: DiFi drawing flack

Among the findings: Dianne Feinstein’s approval ratings are on the decline and rank among the lowest she’s received in her 20 years in office. Barbara Boxer’s positives are on the rise. Meanwhile, more than four out of five Californians disapprove of the job Congress is doing, which is close to a record.

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